The iShares S&P Global Financials Sector Index Fund ETF (NYSE:IXG) is seeing unusually high volume in afternoon trading Wednesday, with over 323,000 shares traded versus three month average volume of about 80,000. Shares of IXG were up about 1.2% on the day.
Components of that ETF with the highest volume on Wednesday were Citigroup (NYSE:C), trading up about 0.4% with over 152.0 million shares changing hands so far this session, and Bank of America (NYSE:BAC), up about 1.2% on volume of over 64.3 million shares. Huntington Bancshrs (NASDAQ:HBAN) is the component faring the best Wednesday, higher by about 4.6% on the day, while E*trade Financial (NASDAQ:ETFC) is lagging other components of the iShares S&P Global Financials Sector Index Fund ETF, trading relatively unchanged.
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